Tag: India’s Steel Sector Expands
-

India’s Steel Sector Expands in FY 2025-26: Despite Cost and Energy Headwinds
India’s steel industry continues to expand in FY 2025-26 and become the world’s second-largest steel producer amid global uncertainty, cost pressures, and supply disruptions. Crude steel production increased by over 10.7% every year to around 168.4 million tonnes, supported by strong domestic demand. Finished steel consumption reached 164 million tonnes, growing by 7-8%. According to…